Thinking about buying in Ballina? Now could not be a better time, with just 107 residential dwellings it's a highly sought after location.
The average property price for this area is $1,252,000 with prices in this suburb ranging from $513,000 to $1,386,000.
Ballina is located near the coast as well as views of the ocean, demand is likely to be highGood balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Ballina is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Ballina provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. 'Lower than average population density constrains growth in Ballina to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Ballina we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Ballina a better buying opportunity than it may have been in the past.
Median Weekly Rent | $ |
Median Monthly Mortgage | $ |
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Ballina Public School
St Francis Xavier Primary School
Ballina Coast High School
Biala Special School
(While the above schools are located with the suburb of Ballina there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5 | 21.1 | 28 | 66.9 | 94.6 | 3.8 | 24.9 |
Feb | 6.3 | 21.3 | 27.9 | 65.6 | 95.4 | 4.5 | 21.7 |
Mar | 4.2 | 20.4 | 27.4 | 66.8 | 97.1 | 4.1 | 18.3 |
Apr | 5.3 | 17.2 | 25.0 | 63.4 | 96.0 | 4.0 | 15.6 |
May | 3.9 | 13.5 | 22.0 | 63.3 | 95.1 | 3.4 | 12.6 |
Jun | 4.7 | 11.7 | 20.4 | 59 | 93.3 | 3.5 | 11.1 |
Jul | 2.6 | 10.7 | 20.4 | 52.4 | 91.2 | 3.3 | 12.2 |
Aug | 2.6 | 10.9 | 21.5 | 45.5 | 89.8 | 3.6 | 15.6 |
Sept | 1.1 | 13.8 | 23.3 | 50.8 | 91.0 | 3.8 | 18.5 |
Oct | 3.1 | 16.2 | 24.5 | 58.8 | 93.1 | 4.0 | 21.7 |
Nov | 1.9 | 18.4 | 26.5 | 58.4 | 93.3 | 4.0 | 25.0 |
Dec | 2.6 | 19.8 | 27.2 | 62.9 | 94.6 | 3.9 | 25.4 |
source: Australian Government Bureau of Meteorology
29-05-2023 | $800,000 | 372 SOUTH BALLINA BEACH RD SOUTH BALLINA 2478 |
31-03-2021 | $264,375 | 370 SOUTH BALLINA BEACH RD SOUTH BALLINA 2478 |
24-06-2020 | $2,400,000 | 440 SOUTH BALLINA BEACH RD SOUTH BALLINA 2478 |
03-04-2019 | $438,500 | 352 SOUTH BALLINA BEACH RD SOUTH BALLINA 2478 |
21-07-2017 | $5,600,000 | 440 SOUTH BALLINA BEACH RD SOUTH BALLINA 2478 |
18-03-2016 | $308,500 | 346 SOUTH BALLINA BEACH RD SOUTH BALLINA 2478 |
29-04-2014 | $660,000 | 341 SOUTH BALLINA BEACH RD SOUTH BALLINA 2478 |
04-08-2008 | $390,000 | 358 SOUTH BALLINA BEACH RD SOUTH BALLINA 2478 |
09-04-2008 | $330,000 | 348 SOUTH BALLINA BEACH RD SOUTH BALLINA 2478 |
18-07-2005 | $232,000 | 352 SOUTH BALLINA BEACH RD SOUTH BALLINA 2478 |
19-05-2005 | $1,235,000 | 344 SOUTH BALLINA BEACH RD SOUTH BALLINA 2478 |
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